ARTICLES LABELLED WITH TAG Poland

26
Nov
2020

Echo Investment to increase its focus on residential

by Property Forum
The third quarter of the year brought Echo Investment €8 million (PLN 36 million) in net profit, which is the result of handing over 301 apartments to clients, the value increase of office buildings under construction, as well as the apartment rental platform – Resi4Rent. The developer increases its focus on the residential sector – both for sale and for rent – which today accounts for about a quarter of the company's assets. Echo Investment intends to carry out most of its projects as part of multi-functional projects, called "destinations".
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26
Nov
2020

Echo Investment plans resi project in Warsaw

by Property Forum
Echo Investment plans to deliver a 1,200-apartment residential project with retail components and social space in Warsaw’s Służewiec district. The plot on which the project will be built is the subject of a preliminary purchase agreement by Echo Investment from Immofinanz. Construction works could start in the middle of next year.
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24
Nov
2020

Palmira launches €650 million European logistics fund

by Property Forum
Palmira Capital Partners, one of the leading sector specialists in European logistics and industrial properties, has launched the Palmira European Core Logistics Fund.
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24
Nov
2020

Poland’s warehouse pipeline decreases despite strong take-up

by Property Forum
This year is likely to be the best for the Polish warehouse and industrial market, predicts Savills, with leasing activity already setting an all-time high in Q1-Q3 2020. Occupier take-up predominantly came from food retailers operating without any disruption despite restrictions imposed on other retail sectors and from e-commerce, including logistics operators serving e-retailers.
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24
Nov
2020

New leases and expansions drive Poland’s warehouse market

by Property Forum
The scale and number of transactions in storage real estate in Central and Eastern Europe makes it one of the fastest-growing markets on the old continent. Investors generally are following the growing demand for warehouse space resulting, among other things, from the growing role of e-commerce. At the same time, the strategic location on many north-south and east-west international routes makes the CEE region of Europe a highly desirable destination for warehouse locations. It is one reason why this sector is the only real estate segment currently experiencing year-on-year growth.
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23
Nov
2020

Ghelamco launches new office project in Katowice

by Property Forum
Ghelamco has begun the construction of the Craft office building in the centre of Katowice, near the Silesia City Center shopping centre.
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23
Nov
2020

LCP Properties acquires retail park in Siedlce

by Property Forum
The HopStop convenience retail park in Siedlce has been sold by Polish developer Katharsis Development to British investor LCP Properties. The seller was represented by Avison Young investment team throughout the transaction.
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20
Nov
2020

Poland’s industrial market now second most active in Europe

by Property Forum
The third quarter in Poland’s industrial sector saw a fairly positive sentiment among tenants and developers. At the end of September, the country was the second most active market in Europe in terms of net demand and the amount of space delivered. Warehouse investments in Poland were approximately €2.2 billion between January and November, setting an all-time annual record.JLL summarised the situation on the Polish industrial market at the end of Q3 2020.
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20
Nov
2020

Capital Park buys 1.3 ha site in Gdańsk’s port area

by Property Forum
Polish developer Capital Park has concluded a preliminary agreement for the purchase of two plots in Gdańsk with a total area of 1.3 ha on the Polski Hak part of Gdańsk’s port area. At the site, Capital Park is planning a residential development with retail and services functions, as well as public recreational space. The seller and the transaction price have not been disclosed.
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20
Nov
2020

Echo secures €33.6 million loan for Łódź office project

by Property Forum
Echo Investment has gained a loan for the construction of three office buildings included in the multifunctional Fuzja project in Łódź. Bank Pekao S.A. provided financing for the investment.
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